BRIEF: Mao Geping’s profit, revenue up more than 30% in first half of 2025
Cosmetics seller Mao Geping Cosmetics Co. Ltd (1318.HK) said on Tuesday it expects to report revenue between 2.57 billion yuan ($358 million) and 2.6 billion yuan for the first half of this year, up 30.4% to 31.9% from a year earlier, while its net profit will be in the 665 million yuan to 675 million yuan range, up 35% to 37%.
The company did not specify a reason for the growth, only stating that it has consistently adhered to a business philosophy of “generating value for consumers” and has continued to provide beauty enthusiasts with high-quality products and services. Growing consumer recognition of Mao Geping as a premium brand continues to translate to new momentum for the company, driving steady overall business improvement.
Shares of Mao Geping opened up 3.4% at HK$101.50 on Wednesday. The stock has more than tripled since its trading debut last year.
By Lau Chi Hang
To subscribe to Bamboo Works weekly free newsletter, click here
Related Articles
RELATED ARTICLES
-
Yatsen CEO declares turnaround with quarterly non-GAAP profit
YSG.US -
Sa Sa tries on new e-commerce face in China as its Hong Kong core shrinks
0178.HK
-
BRIEF: Saimo swings to profit on strong revenue growth in first half of 2025
2571.HK 300466.SHE
-
BRIEF: Zibuyu’s profit rises more than 30% in first half of 2025
2420.HK
-
BRIEF: San Miguel records revenue, profit growth in first half of 2025
0236.HK
-
BRIEF: China Ruyi returns to profit in first half of 2025
0136.HK
